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Spotify to cut 1,500 jobs in third layoff round this year

Barbara Terrio

It laid off 600 employees in January, 200 staff in June CEO says debated making smaller reductions in 2024, 2025 ...

Alibaba’s U-turn on cloud unit spin-off lops $20 billion off its market value

Barbara Terrio

HONG KONG, Nov 17 (Reuters) – Investors wiped out some $20 billion off Alibaba Group’s (9988.HK) market value on Friday ...

Siemens Energy reviews wind unit set-up after $5 billion loss

Barbara Terrio

[1/3]Siemens Energy CEO Christian Bruch addresses the annual results press conference in Munich, Germany, November 15, 2023. REUTERS/Leo Simon Acquire ...

Hilton Grand to buy Bluegreen Vacations in $1.5 billion deal

Barbara Terrio

Nov 6 (Reuters) – Vacation property operator Hilton Grand Vacations (HGV.N) said on Monday it would buy peer Bluegreen Vacations ...

Apple holiday forecast disappoints on iPad, wearables demand; shares slip

Barbara Terrio

Nov 2 (Reuters) – Apple (AAPL.O) on Thursday gave a sales forecast for the holiday quarter that missed Wall Street ...

Unlike Pfizer, Moderna can meet 2023 COVID forecast, analysts say

Debi Johnson

Syringes with needles are seen in front of a displayed Moderna logo in this illustration taken, November 27, 2021. REUTERS/Dado ...

Google-parent Alphabet’s cloud division misses revenue estimates, as Microsoft’s cloud booms

Barbara Terrio

Oct 24 (Reuters) – Google-parent Alphabet’s (GOOGL.O) cloud business crawled to its slowest in at least 11 quarters, sending the ...

Nokia to cut up to 14,000 jobs as US demand shrinks

Barbara Terrio

[1/2]New Nokia’s logo is displayed before GSMA’s 2023 ahead of the Mobile World Congress (MWC) in Barcelona, Spain February 26, ...

GM, Ford chiefs clash with UAW as union expands strikes

Barbara Terrio

About 25,000 UAW workers now on strike New plants affected in Chicago and Lansing, Michigan Ford CEO says talks not ...

UPS execs say new labor deal with Teamsters to cost less than $30 bln

Barbara Terrio

[1/4]UPS vehicles are seen at a facility in Brooklyn, New York City, U.S., May 9, 2022. REUTERS/Andrew Kelly/File Photo Acquire ...